From Reuters---"The growing influence of China in Sri Lanka has worried India, a neighbour that feels hemmed in by a string of similar port developments stretching from Myanmar to Pakistan and that it fears give the Chinese navy a strategic boost in the region. However, the ports are designed for commercial operations and are mostly not yet fully operational."

Who knows what is planned for today or what will develop in these ports in the future? The intent may be purely commercial now, but it seems likely China would use any influence it could find if someday in military conflict with India.

All I can say, is if you let somebody else build your ports it seems also that you lose control of what ships arrive and what goods arrive.